And there's a good reason for this. He is using a his own Tesla shares as collateral for some of the debt.
The world would be better off without Twitter, until they can figure out how to separate the hate machine from its useful purposes in a sustainable way.
(As someone who (a) used to enjoy Twitter a lot, (b) always suspected that Twitter was quite bad for society, I have mixed feeling about its current implosion.)
(To be clear, he obviously is not destroying Twitter for altruistic purposes; the above is a joke. It should not be necessary to point this out, but one odd attribute of figures like Trump and Musk is that there are always people who insist that everything they do, no matter how obviously ridiculous, is actually intentional and ingenious, so Poe’s Law is in full effect here.)
These two sentences contradict each other.
I think the fact that Elon Musk it the most successful entrepreneur in the world is a testament to the contrary. And that being a successful businessperson has nothing to do with merit or skill, but a lot more to do with happenstance, and former wealth.
Our public policy on the global market has been neo-liberalism on full steam, the rich are getting richer, not because business people are getting smarter, but because government is deregulating exploitation as a matter of public policy. Somebody is bound to become extremely rich in this environment, and it just so happens that the people getting extremely rich are either the ones that exploit workers (i.e. Jeff Bezos) or the ones that fool rich investors (i.e. Elon Musk).
Saying Twitter was already in the ground and then praising the guy was dug the hole a lot deeper, is also suggesting that your assessment of him is not based on his business acumen.
Maybe you're hoping he's pumping your crypto bags? That's one of the things I consider him to be very good at.
Twitter was already in the ground. It had already lost billions and was profitable for only 2 years out of the last 12.
I suspect your assessment is rooted in ideological conflict and not a well-thought out argument on his business acumen.